Vodafone Germany Interested In Full Takeover Of Arcor

FRANKFURT -(Dow Jones)- Vodafone Germany, the German arm of U.K.-basedtelecommunications company Vodafone PLC (VOD), is interested in a completetakeover of German broadband services provider Arcor .

"We have a lot of fun with our 74% stake and there is no reason not to havefun with a 100% stake," Friedrich Joussen, chief executive of Vodafone Germanysaid Monday at the CeBIT information technology fair in Hannover, Germany.

"However, taking over Arcor entirely is a matter of price," he said, andnegotiations are currently underway with the other shareholders of Arcor .

"There are no plans to reduce Arcor's workforce. We want to grow with Arcor's business," he added.

Other shareholders in Arcor are Deutsche Bank AG (DB) and Deutsche Bahn AG.

Company Web site: http://www.vodafone.com

-By Archibald Preuschat; Dow Jones Newswires; +49 69 29 725 505;archibald.preuschat@dowjones.com

(END) Dow Jones Newswires 03-03-08 0817ET Copyright (c) 2008 Dow Jones & Company, Inc.

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